Buffett’s $3 Billion Investment On Burger King To Fetch 9%

Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) is set to invest $3 billion for Burger King Worldwide Inc (NYSE:BKW)’s proposed takeover of Canadian coffee-and-doughnut chain Tim Hortons Inc. (NYSE:THI) (TSE:THI) and will earn 9% annual interest on the investment. Also see: FutureAdvisor Offers Asset Management Services In A Low-Fee World With yields at near record lows, Buffett has shunned bets in publicly traded bonds, preferring deals in which his reputation and the size of the cash hoard facilitate Berkshire to lock in better rates compared to other investors. Burger King’s tax inversion deal Burger King Worldwide Inc (NYSE:BKW) announced Tuesday its plans…